Essays in Economic Dynamics

Theory, Simulation Analysis, and Methodological Study

  • Akio Matsumoto
  • Ferenc Szidarovszky
  • Toichiro Asada

Table of contents

  1. Front Matter
    Pages i-viii
  2. Methodological Issue

  3. Microeconomics Models

    1. Front Matter
      Pages 33-33
    2. Tönu Puu
      Pages 35-55
    3. Akio Matsumoto, Ferenc Szidarovszky
      Pages 57-79
    4. Luca Gori, Luca Guerrini, Mauro Sodini
      Pages 81-98
    5. Akio Matsumoto, Ugo Merlone, Ferenc Szidarovszky
      Pages 99-109
    6. Natascia Angelini, Giacomo Bormetti, Stefano Marmi, Franco Nardini
      Pages 111-122
  4. Macroeconomic Models

About this book

Introduction

This book reflects the state of the art in nonlinear economic dynamics, providing a broad overview of dynamic economic models at different levels. The wide variety of approaches ranges from theoretical and simulation analysis to methodological study. In particular, it examines the local and global asymptotical behavior of both macro- and micro- level mathematical models, theoretically as well as using simulation. It also focuses on systems with one or more time delays for which new methodology has to be developed to investigate their asymptotic properties. The book offers a comprehensive summary of the existing methodology with extensions to the more complex model variants, since considerations on bounded rationality of complex economic behavior provide the foundation underlying choice-theoretic and policy-oriented studies of macro behavior, which impact the real macro economy. It includes 13 chapters addressing traditional models such as monopoly, duopoly and oligopoly in microeconomics and Keynesian, Goodwinian, and Kaldor–Kaleckian models in macroeconomics. Each chapter presents new aspects of these traditional models that have never been seen before. This work renews the past wisdom and reveals tomorrow's knowledge.

Keywords

Economic Modeling Dynamic Analysis in Continuous- time and Discrete-time Scales Time Delay Bifurcation Analysis Theoretical and Simulation Study

Editors and affiliations

  • Akio Matsumoto
    • 1
  • Ferenc Szidarovszky
    • 2
  • Toichiro Asada
    • 3
  1. 1.Department of EconomicChuo University Department of EconomicHachiojiJapan
  2. 2.University of Pecs PecsHungary
  3. 3.Faculty of EconomicsChuo University Faculty of EconomicsHachiojiJapan

Bibliographic information

  • DOI https://doi.org/10.1007/978-981-10-1521-2
  • Copyright Information Springer Science+Business Media Singapore 2016
  • Publisher Name Springer, Singapore
  • eBook Packages Economics and Finance
  • Print ISBN 978-981-10-1520-5
  • Online ISBN 978-981-10-1521-2
  • About this book